diversion of subsidized fertilizers
With a view to preventing diversion of subsidized fertilizers for industrial use and their smuggling across the border, the government soft-launched the direct benefits transfer (DBT) scheme for the commodity in the national capital.
Nationwide rollout of the scheme that could help prevent the leakage of subsidies meant for farmers.
However, unlike in the case of liquified petroleum gas, subsidy on fertilizers will not be passed on to farmers directly as the latter cannot be forced to shell out large sums upfront for fertilizers and get bank transfers later.
Instead, companies will sell the product at state-set prices and the government will settle the subsidy involved in every individual sale to farmers with the companies within a week of the transaction.
The point-of-sale machines will capture sales data including the identity of the farmer, quantity of purchase, soil health details and land details where possible.
Using this data, the government intends to limit diversion of subsidised fertilizers to other sectors such as plywood manufacture.
With a view to preventing diversion of subsidized fertilizers for industrial use and their smuggling across the border, the government soft-launched the direct benefits transfer (DBT) scheme for the commodity in the national capital.
Nationwide rollout of the scheme that could help prevent the leakage of subsidies meant for farmers.
However, unlike in the case of liquified petroleum gas, subsidy on fertilizers will not be passed on to farmers directly as the latter cannot be forced to shell out large sums upfront for fertilizers and get bank transfers later.
Instead, companies will sell the product at state-set prices and the government will settle the subsidy involved in every individual sale to farmers with the companies within a week of the transaction.
The point-of-sale machines will capture sales data including the identity of the farmer, quantity of purchase, soil health details and land details where possible.
Using this data, the government intends to limit diversion of subsidised fertilizers to other sectors such as plywood manufacture.
This is dummy text. It is not meant to be read. Accordingly, it is difficult to figure out when to end it. But then, this is dummy text. It is not meant to be read. Period.